No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Stocks Rise Ahead of Jobs Report; Oil Gains on Hormuz Uncertainty | Bloomberg Brief 08/07/2026

Friday, August 7, 2026


US equity futures rose ahead of the July employment report scheduled for release. Oil prices increased after Iranian lawmakers stated they would seek to restrict US and Israeli vessels from the Strait of Hormuz as part of negotiations to reopen the waterway. Rory Blundell of Gravitee and Christopher Hodge of Natixis provided analysis on AI security risks and the forthcoming jobs report.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-07/bloomberg-brief-08-07-26-video

Next story

GOP senator deals crushing blow to Trump's AG nominee after Alaska lobbying blitz